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may be fixed by said ordinance, and ap-

proved by a majority of the votes cast at

such time and place; such ordinance shall

provide for the discharge of any such debt

or credit within the period of forty (40)

years from the time of contracting the same;

but the Mayor and City Council may,

temporarily, borrow any amount of money

to meet any deficiency in the City Treasury,

and may borrow any amount at any time

to provide for any emergency arising from

the necessity of maintaining the police, or

preserving the health, safety and sanitary

condition of the City, and may make due

and proper arrangements and agreements

for the renewal and extension, in whole

or in part, of any and all debts and

obligations created according to law before

the adoption of this Constitution.

Art. XI-E, sec. 5. Notwithstanding any

other provision in this Article, the General

Assembly may enact, amend, or repeal local

laws placing a maximum limit on the rate

at which property taxes may be imposed

by any such municipal corporation and

regulating the maximum amount of debt

which may be incurred by any municipal

corporation. However, no such local law

shall become effective in regard to a munici-

pal corporation until and unless it shall

have been approved at a regular or special

municipal election by a majority of the

voters of that municipal corporation voting

on the question. No such municipal corpo-

ration shall levy any type of tax, license,

fee, franchise tax or fee which was not

in effect in such municipal corporation on

January 1, 1954, unless it shall receive

the express authorization of the General

Assembly for such purpose, by a general

law which in its terms and its effect applies

alike to all municipal corporations in one

or more of the classes provided for in

Section 2 of this Article. All charter pro-

visions enacted under the authority of Sec-

tion 3 of this Article shall be subject to

any local laws enacted by the General

Assembly and approved by the municipal

voters under the provisions of this section.

Art. XI-F, sec. 8. Notwithstanding any

other provisions of this Article, the Gen-

eral Assembly has exclusive power to enact,

amend, or repeal any local law for a code

county which (1) authorizes or places a

maximum limit upon the rate of property

taxes which may be imposed by the code

county; or (2) authorizes or regulates the

maximum amount of indebtedness which



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